Scientist develops an image recognition algorithm that works 40% faster than analogs

A scientist from HSE University has developed an image recognition algorithm that works 40% faster than analogs. It can speed up real-time processing of video-based image recognition systems. The results of the study have been published in the journal Information Sciences.

11 May 2021, techxplore.com

Edge AI chipset developer Sima.ai raises $80M

Sima.ai, a startup developing an edge AI accelerator chipset, has secured $80 million in venture capital backing.

11 May 2021, venturebeat.com

Anvilogic raises $10M to scale no-code cyberattack detection platform

Cybersecurity detection automation company Anvilogic recently secured $10 million in venture capital backing.

11 May 2021, venturebeat.com


Verbit acquires transcription service provider VITAC

Automatic speech-to-text platform Verbit is acquiring VITAC, the largest transcription service company in North America.

11 May 2021, venturebeat.com

AI transcription moves to corner the market

It was bound to happen: A venerable old job gives up more of the human touch for AI efficiency.

11 May 2021, zdnet.com

An artificial neural network to acquire grounded representations of robot actions and language

To best assist human users while they complete everyday tasks, robots should be able to understand their queries, answer them and perform actions accordingly. In other words, they should be able to flexibly generate and perform actions that are aligned with a user's verbal instructions.

11 May 2021, techxplore.com


Mythic raises $70M to disrupt AI chips with analog and flash components

Mythic has raised $70 million to fund the analog-based AI processors that it plans to launch later this year.

11 May 2021, venturebeat.com

Redwood Software raises $379M for enterprise process automation

Redwood Software, a provider of enterprise process automation solutions, has raised roughly $379 million to expand its platform.

11 May 2021, venturebeat.com

All the tech within the 2021 Australian Budget

Here's a summary of the Australian government's digital economy strategy, as well as the rest of the tech-related investments made as part of the 2021-22 federal Budget.

11 May 2021, zdnet.com


A new method simulates the universe 1000 times faster

Cosmologists love universe simulations. Even models covering hundreds of millions of light years can be useful for understanding fundamental aspects of cosmology and the early universe. There's just one problem—they're extremely computationally intensive.

11 May 2021, techxplore.com

Budget 2021: Canberra to continue fixing its back-end with GovERP boost

The 2021-22 Budget provides more funding for the GovERP program and the federal government has once again declared it wants to involve more smaller players in its procurement activities. It is also giving more funding to the Cashless Debit Card.

11 May 2021, zdnet.com

Fraud prevention firm Arkose Labs raises $70M

Arkose Labs, a startup fighting online fraud with AI tools, raised $70 million in a venture capital funding round.

11 May 2021, venturebeat.com


IBM just solved this quantum computing problem 120 times faster than previously possible

Big Blue has now released Qiskit Runtime, which enables a significant acceleration of quantum calculations carried out over the cloud.

11 May 2021, zdnet.com

IBM’s Project CodeNet wants to teach AI how to code

IBM has announced Project CodeNet, a large dataset that aims to help teach AI how to understand and even write code.


The Secret Origins of Amazon’s Alexa

In 2011, Jeff Bezos dreamt up a talking device. But making the virtual assistant sound intelligent proved far more difficult than anyone could have imagined.

11 May 2021, wired.com


Nearly AU$250,000 spent per month on staff costs to develop NDIS app

In addition to spending around AU$250,000 per month on staff building out the app, as of February, a handful of tech vendors have already walked away with over AU$1 million to help the agency deliver the solution that senators are not convinced NDIS participants even want.

11 May 2021, zdnet.com

IBM taps AI for new workflow automation and data migration tools

At its Think 2021 conference, IBM announced new products across its Cloud Pak for Data and Watson portfolios.

11 May 2021, venturebeat.com

IBM’s CodeNet dataset aims to train AI to tackle programming challenges

IBM's Project CodeNet is an effort to spur the development of AI systems that can tackle programming challenges.

11 May 2021, venturebeat.com


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